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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Fixed maturities, at fair value (amortized cost of $8,535.5 and $8,294.5) $ 8,015.4 $ 7,985.3
Equity securities, at fair value 137.4 130.9
Other investments 794.4 796.9
Total investments 8,947.2 8,913.1
Cash and cash equivalents 264.6 316.1
Accrued investment income 57.9 58.2
Premiums and accounts receivable, net 1,739.5 1,705.6
Reinsurance recoverable on paid and unpaid losses and unearned premiums 1,999.8 2,056.1
Deferred acquisition costs 619.3 620.8
Deferred income tax asset 180.2 173.3
Goodwill 178.8 178.8
Other assets 521.4 504.0
Assets of discontinued businesses 85.4 86.6
Total assets 14,594.1 14,612.6
Liabilities    
Loss and loss adjustment expense reserves 7,331.1 7,308.1
Unearned premiums 3,104.9 3,102.5
Expenses and taxes payable 679.1 775.9
Reinsurance premiums payable 61.6 64.3
Debt 783.4 783.2
Liabilities of discontinued businesses 111.3 113.0
Total liabilities 12,071.4 12,147.0
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $0.01 per share; 20.0 million shares authorized; none issued
Common stock, par value $0.01 per share; 300.0 million shares authorized; 60.5 million shares issued 0.6 0.6
Additional paid-in capital 1,941.3 1,939.2
Accumulated other comprehensive loss (548.9) (517.2)
Retained earnings 2,993.9 2,909.4
Treasury stock at cost (24.7 million and 24.9 million shares) (1,864.2) (1,866.4)
Total shareholders’ equity 2,522.7 2,465.6
Total liabilities and shareholders’ equity $ 14,594.1 $ 14,612.6